answer 7-14 part B

Exercise 7-14 (Part Level Submission) On December 31, 2020, Windsor performed environmental conding services for ayduke Hayduke was short of cash, and windsor Co. agreed to accept a $320,000 Interest-bearing note de December 11, 2022. as payment in full. Hayduke is somewhat of a credit risk and typically borrow funds at a rate of 10% windoor much more creditworthy and has various lines of credit at 6% Click here to factor tabi your answer is correct Prepare the journal entry to record the transaction of December 11, 2020, for the Wind (sound rental factor calculation to deche al places 1.25124 and Thalaswers to decimal places. Il ne entry wirelect "No Entry for the countries and enter for the amount creates are automatically widened when the amount is ende metindent mandaly Account Titles and nation Crete Dec 31, 2020 OBO Sob 26 (6 Assuming Windsor Cascal year-endis December 31, prepare the journal entry for December 31, 2021. Round answers to decimal places 1.5.275. Ile entry is required, select "No Entry for the account title and enter o for the amounts. Cet account title are otomatically indented when the amount entered. Do not indent manually.) Account Titles and Explanation Debit Credit Dec 31, 2001 SHOLE OF ACCOUNTS